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143 Lincoln Ave, Unit The Bronx, NY 10454

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For Sale
Pending
$2,600,000

Multifamily property with retail spaces and development potential.

Lot size:
0.29 Acres

Property Features for 143 Lincoln Ave

General Information

Property type
Commercial
Standard status
Pending
Lot size
0.29 Acres

Building Details

Year built
1910

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Listing Contact
Emmanuel Heredia
Source: Elliman

Listing Agency: Keller Williams Realty NYC Group Listing Agent: Emmanuel Heredia

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Bronx Multifamily and Retail Investment

Located in the Port Morris section of the Bronx, 143-153 Lincoln Avenue is a property featuring six brick, 4-story walk-up buildings. The property spans 12,500 sq. ft. and includes 29 residential units and two commercial spaces. The residential units consist of a mix of 1- and 2-bedroom apartments, mostly occupied and in good condition, providing rental income. The commercial spaces are leased to thriving small businesses. The expansive lot offers development potential, with preliminary studies suggesting up to 11 additional residential units and 1 commercial space could be built. Situated one block from the 3rd Avenue Bridge, the property provides access to Manhattan and major highways. The surrounding neighborhood is undergoing growth and revitalization, making this an opportunity for investors seeking both immediate cash flow and long-term value appreciation.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bronx
County
Bronx
State
New York
Longitude
-73.929211
Latitude
40.808733

FAQs

What type of property is this?
Apartment building - Multifamily property with retail spaces and development potential.
Where is this apartment building located?
The property is located at 143 Lincoln Ave, Unit The Bronx, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: - Prime investment opportunity in the growing Port Morris section of the Bronx.; - Steady rental income from 29 residential units and two commercial spaces.; - Development potential for up to 11 additional residential units and 1 commercial space.
More about this property
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